Minh Phu Will Delist from Vientamese Stock Exchange on March 31 to Seek Foreign Investments
SEAFOODNEWS.COM [Viet Nam News] March 9, 2015
Minh Phu Seafood Group Corporation (MPC), Vietnam's largest shrimp exporter by revenue in 2014, will officially delist from the HCM City Stock Exchange (HoSE) from March 31 onwards.
The delisting of the company's 70 million shares is aimed at seeking strategic partners and restructuring the company, MPC stated.
MPC was listed on HoSE in 2007 at 70,000 dong (US$3.28) per share. On March 5 this year, each MPC share was closed at 110,000 dong ($5.16) on the exchange. It was equivalent of an 86.44 per cent increase in value from the listing date...
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